Christchurch Airport appoints new CEO

Christchurch International Airport Ltd has appointed a new Chief
Executive Officer to replace Jim Boult, who leaves the company at
the end of this year. Malcolm Johns will take over as chief
executive at the airport at the beginning of next year.

Mr Johns is an experienced businessman, who is currently chief
executive of InterCity Group. He is also Deputy Chair of Tourism
New Zealand.

InterCity Group operates a large and complex passenger transport
network involving land and sea assets. It is involved in delivering
tourism and transport products and experiences across New Zealand,
and derives its revenues from both domestic and international
markets.

Tourism New Zealand is the Government's independent
international marketing business. It plays a key role in developing
New Zealand's international tourism marketing strategies, and
assisting market participants with implementation of those
strategies.

"We are delighted to have someone of Malcolm's calibre and
experience to take up the role of Chief Executive at Christchurch
Airport" says CIAL Chairman David Mackenzie.

"Malcolm will bring with him comprehensive knowledge of
international tourism issues, as well as his proven leadership
capabilities and business vision developed in the passenger
transport sector."

The airport company completed an extensive search for its new
chief executive, with some quality candidates from whom Mr Johns
was selected.

"Malcolm will be relocating from Auckland to Christchurch and he
and his family are looking forward to becoming part of the
Christchurch community," says Mr Mackenzie. "We are confident he
will add value to our business and help us take the airport to the
next level, after the very good work Jim Boult has completed over
the past five years."